WazirX
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$WRX current support levels are crucial to watch. The nearest strong support is around $0.11, where the price has previously found a base. If the price dips below this, the next support can be expected at $0.09, which would be a critical zone for bulls to defend.
On the resistance side, the key level to break is $0.14. If WRX moves past this, further upward momentum could push it toward $0.17, with 0.23 being the next significant resistance zone.
#WazirX #Binance #WRX
$BNB
On the resistance side, the key level to break is $0.14. If WRX moves past this, further upward momentum could push it toward $0.17, with 0.23 being the next significant resistance zone.
#WazirX #Binance #WRX
$BNB
Binance VS WazirX - the endless fight
I would like someone to intervene regarding the story involving #Binance and #WazirX . How is it possible that no one, I repeat, NO ONE gives us news regarding their legal case that has seen them fighting through teams of lawyers for over a year and a half? Is it possible that none of you have a minimum of respect towards those who believed in you and gave you their trust by putting their savings on your exchanges? I'll take $WRX as an example. #WRX is the WazirX token, listed on Binance, check the chart since it was listed here on this exchange, well, don't you notice something strange? April 2021 ATH after which nothing, its movements are similar to a stablecoin. Why all this? Simple. WazirX is the largest Indian exchange without an owner, who should take care of its quarterly burns has not done them for more than three years (as per the white paper) and who should guarantee for us investors in reality we don't even know who it is since Nischal Shetty says that it is not his job and that it has always been #CZ (former CEO of Binance) who has taken care of the various #burns . One thing I don't understand is this. How can Nischal Shetty claim that it is not his job to carry out the scheduled #burns of WRX but at the same time he allows himself to give away the same tokens (thus creating inflation and lowering the price) when WazirX stopped working due to too much traffic in volumes when the $SHIB token made an X10? I remember very well (and in any case it is all documented on X ex Twitter) that #NischalShetty , to apologize for the inconvenience caused by WazirX, repaid users in WRX, tokens that were largely resold thus causing another price collapse obviously. So my question is simple. What are your intentions with this token? Would it be possible to get a clear and comprehensive answer once and for all? What should we investors/traders expect in the next bull run? I humbly ask the CEO of Binance @Richard Teng and #WazirX to be able to put a point and clarify this situation once and for all, whether it is positive or negative for us, but at least tell us something so that we no longer remain in this limbo that has lasted for more than three years now. Thank you very much
đš Breaking News: WazirX Granted 4-Month Moratorium by Singapore Court! đžđŹâïž
A Singapore court has granted Indian cryptocurrency exchange WazirX a four-month moratorium, allowing the company some breathing room amid its financial crisis. However, strict conditions apply, including full transparency of wallet addresses and the submission of financial records within six weeks.
This ruling follows a massive hack in July that resulted in the loss of $234 million, impacting 45% of customersâ funds. While the court acknowledged WazirX's good faith, the chances of reimbursing customers in cryptocurrency remain slim.
In related news, the hacker responsible for the breach is nearing the end of laundering the stolen funds, utilizing tools like Tornado Cash to obscure transactions.
Stay tuned for updates as WazirX navigates this challenging phase!
#WazirX #CryptoNews #SingaporeCourt #Binance
A Singapore court has granted Indian cryptocurrency exchange WazirX a four-month moratorium, allowing the company some breathing room amid its financial crisis. However, strict conditions apply, including full transparency of wallet addresses and the submission of financial records within six weeks.
This ruling follows a massive hack in July that resulted in the loss of $234 million, impacting 45% of customersâ funds. While the court acknowledged WazirX's good faith, the chances of reimbursing customers in cryptocurrency remain slim.
In related news, the hacker responsible for the breach is nearing the end of laundering the stolen funds, utilizing tools like Tornado Cash to obscure transactions.
Stay tuned for updates as WazirX navigates this challenging phase!
#WazirX #CryptoNews #SingaporeCourt #Binance
đš WazirX Hacker Nears Completion of Laundering $230M Stolen Funds!
2 hours ago, the WazirX hacker transferred the last 3,792 ETH (approximately $9.93M) to a new wallet, which is currently funneling the remaining funds into TornadoCash:
Wallet Address: 0xa6e894326214535916bf0b7d879cccc734b6120e
đ”ïž Key Details:
The hacker initially stole $230M in various cryptocurrencies from WazirX on July 18, 2024.Most of the stolen assets were converted into 61,754 ETH.The laundering process began on September 3, 2024, with the hacker consistently moving funds through new wallets before transferring them to TornadoCash for privacy.After 22 days, the hacker is now almost done laundering the entire amount.
â ïž Market Impact:
The hacker's strategy of slowly dispersing the stolen funds may have helped avoid immediate detection and market disruption. However, with the final stages underway, any large sell-offs could still impact the price of ETH or related assets.
#WazirX #Hacked #ETHđ„đ„đ„đ„
2 hours ago, the WazirX hacker transferred the last 3,792 ETH (approximately $9.93M) to a new wallet, which is currently funneling the remaining funds into TornadoCash:
Wallet Address: 0xa6e894326214535916bf0b7d879cccc734b6120e
đ”ïž Key Details:
The hacker initially stole $230M in various cryptocurrencies from WazirX on July 18, 2024.Most of the stolen assets were converted into 61,754 ETH.The laundering process began on September 3, 2024, with the hacker consistently moving funds through new wallets before transferring them to TornadoCash for privacy.After 22 days, the hacker is now almost done laundering the entire amount.
â ïž Market Impact:
The hacker's strategy of slowly dispersing the stolen funds may have helped avoid immediate detection and market disruption. However, with the final stages underway, any large sell-offs could still impact the price of ETH or related assets.
#WazirX #Hacked #ETHđ„đ„đ„đ„
JUST IN: #WazirX has announced that they are "migrating" the remaining assets to new multisig wallets to ensure the safety.
What do you think is the biggest takeaway from the WazirX hack incident?
#CryptoHack #WazirX #CryptoSecurity #Blockchain #Cryptocurrency
#CryptoHack #WazirX #CryptoSecurity #Blockchain #Cryptocurrency
Better security needed
50%
Essential regulations
0%
Declining trust in CEX
50%
Other (comment
0%
6 votes âą Voting closed
Your objective should prioritize users, not the company. The burden of recovering the 45% loss should not fall on the users; it is the company's responsibility to cover this deficit. Users are innocent and placed their trust in your platform. It is unfair to make them suffer for the company's mistakes.
It is crucial to demonstrate accountability and support for your users, who are the foundation of your business. Taking responsibility and providing solutions will help rebuild trust and ensure long-term success.
#WazirX $WRX
It is crucial to demonstrate accountability and support for your users, who are the foundation of your business. Taking responsibility and providing solutions will help rebuild trust and ensure long-term success.
#WazirX $WRX
BlackRockâs BUIDL Targets 75% of Ethenaâs $45M Reserve for RWA Investment
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#BlackRock #RWA #ENA #WazirX #KamalaHarris $BTC $ETH $ENA
